Wbx Wt Stock Chance of Future Stock Price Finishing Over 0.0474
| WBX-WT Stock | 0.04 0.0003 0.74% |
WBX |
WBX WT Target Price Odds to finish over 0.0474
The tendency of WBX Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 0.05 or more in 90 days |
| 0.04 | 90 days | 0.05 | about 84.95 |
Based on a normal probability distribution, the odds of WBX WT to move over 0.05 or more in 90 days from now is about 84.95 (This WBX WT probability density function shows the probability of WBX Stock to fall within a particular range of prices over 90 days) . Probability of WBX WT price to stay between its current price of 0.04 and 0.05 at the end of the 90-day period is about 6.83 .
Assuming the 90 days trading horizon WBX WT has a beta of -3.73. This entails as returns on its benchmark rise, returns on holding WBX WT are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, WBX WT is expected to outperform its benchmark. Additionally WBX WT has an alpha of 0.7534, implying that it can generate a 0.75 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WBX WT Price Density |
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Predictive Modules for WBX WT
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WBX WT. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.WBX WT Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WBX WT is not an exception. The market had few large corrections towards the WBX WT's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold WBX WT, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WBX WT within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.75 | |
β | Beta against Dow Jones | -3.73 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.03 |
WBX WT Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of WBX WT for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WBX WT can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WBX WT is way too risky over 90 days horizon | |
| WBX WT has some characteristics of a very speculative penny stock | |
| WBX WT appears to be risky and price may revert if volatility continues |
WBX WT Technical Analysis
WBX WT's future price can be derived by breaking down and analyzing its technical indicators over time. WBX Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WBX WT. In general, you should focus on analyzing WBX Stock price patterns and their correlations with different microeconomic environments and drivers.
WBX WT Predictive Forecast Models
WBX WT's time-series forecasting models is one of many WBX WT's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary WBX WT's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about WBX WT
Checking the ongoing alerts about WBX WT for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WBX WT help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WBX WT is way too risky over 90 days horizon | |
| WBX WT has some characteristics of a very speculative penny stock | |
| WBX WT appears to be risky and price may revert if volatility continues |
Additional Tools for WBX Stock Analysis
When running WBX WT's price analysis, check to measure WBX WT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WBX WT is operating at the current time. Most of WBX WT's value examination focuses on studying past and present price action to predict the probability of WBX WT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WBX WT's price. Additionally, you may evaluate how the addition of WBX WT to your portfolios can decrease your overall portfolio volatility.